Last updated
Average Rent in Lynn 02151 & Rent Trends
Rent prices and market trends across 2 apartment communities in Lynn 02151, Lynn MA. Updated daily.
Market Average
$2,612/mo
Lowest Available
$2,331/mo
cheapest unit on market
Communities
2
tracked daily
Units Listed
48
available now
Lynn 02151 vs Lynn MA Average
Lynn 02151 is cheaper the Lynn MA average by $493/mo (16%). The citywide average is $3,105/mo across all neighborhoods.
Is Rent Going Up or Down in Lynn 02151?
As of May 2026, the average rent in Lynn 02151 is $2,612 per month across 2 apartment communities and 48 available units.
The most affordable option is Gibson Point starting at $2,331/mo. By unit type, a 1-bedroom averages $2,612/mo.
Prices range from $2,331 to $3,186 per month. The most common price point is the $2,400 range, where 28 units are currently listed.
Lynn 02151 Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Lynn 02151
Rent Prices by Apartment in Lynn 02151
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Gibson Point | $2,331/mo | $2,547/mo | 39 | 4.6 |
| 500 Ocean Ave | $2,763/mo | $2,891/mo | 9 | 3.8 |
Google Search Trends for Lynn 02151 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Lynn 02151
What is the average rent in Lynn 02151?
Is rent going up or down in Lynn 02151?
What is the cheapest apartment in Lynn 02151?
How much is a 1-bedroom apartment in Lynn 02151?
How many apartments are available in Lynn 02151?
What salary do I need to live comfortably in Lynn 02151?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$104,000/year
30 percent rule -- using our average rent of $2,612/mo.
Comfortable income
$125,000/year
25 percent rule -- leaves more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,331/mo), you need to earn at least $93,000/year.
Cost of living in Lynn 02151
We only have live rent data for Lynn 02151 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $2,612 |
| Estimated total | $2,612/mo |
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures are refreshed annually.
Explore Lynn 02151 Apartments
Browse all 2 communities with daily-updated pricing and availability.